Sir / Madam,
I need clarification regarding RCM paid on Government fees whether eligible for ITC. If yes in which ledger either cash ledger or credit ledger it will reflect in GST portal.
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GST REVERSE CHARGE
Replies (8)
what type Government Fees will please Clarify ?.
Government Trade licence
In Which state?
To whom fee is paid, any Central Government, State Government, Union territory or local authority ??
To whom fee is paid, any Central Government, State Government, Union territory or local authority ??
Licence Fee paid to State Government
Fees for trade license under Shop and Establishment Act.??? or any other act ?
Trade name licence fee paid to State Government act
If It's compulsory registration under any act than ...or if fee amount is not more than 5000 than RCM is not applicable. You are not required to Pay RCM.
But if you already paid RCM , than you can take credit of RCM paid in GSTR 3B return.
But if you already paid RCM , than you can take credit of RCM paid in GSTR 3B return.
On govt. taxes and rates govt fees and taxes are never paid.
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